3. KABN ID (The network anchor), a patent pending, Always On, GDPR complaint, blockchain and biometrically based, identity verification and validation platform. KABN ID is a free to use service for consumers that provides continuous monitoring and proof of identity online and in conventional marketplaces.

THE PROBLEM KABN SOLVES

As cryptocurrencies and other digital currencies grow globally, there is an ever-increasing need to convert them into traditional currencies (i.e. USD and Euros) for use in traditional spending.

KABN’s integrated suite of products, which has received approval by Visa, solves this major challenge by empowering digital currency holders to spend in-store and online, as well as, access ATMs globally wherever Visa is accepted.

HOW BIG IS THE PROBLEM KABN IS SOLVING?

In the US alone, this type of card volume is expected to grow to over $396B by 2022. Worldwide volume will follow the same trajectory and expected growth is exponential.

The KABN ID proprietary process allows for efficient and frictionless onboarding, allowing Customer’s to control the use of their verified identification without having to provide confidential documentation to unknown 3rd parties.

KABN’s technology has been built, their partners are in place, they have been approved by Visa and they are ready to go for their European launch in the 2nd quarter with an expected expansion to North America later this year.